4926 Redford St - Apartments FOR SALE


Port Alberni, BC V9Y 3P1
$639,000 CAD
4926 Redford St, Port Alberni, BC for Sale
$639,000 CAD
Apartments - FOR SALE
1/1
null | Request Cap Rate

4926 Redford St
Port Alberni, BC V9Y 3P1


HIGHLIGHTS

  • Six-unit multifamily building in the downtown Port Alberni area.
  • Coin-operated common area laundry generating supplemental income.
  • Reliable tenant community with longstanding occupancy history.
  • Proximity to major waterfront residential projects driving area growth.
  • Ongoing building upkeep and upgrades supporting operational durability.

OVERVIEW

This six-unit multifamily investment property offers an attractive opportunity in the heart of Port Alberni. Recently experiencing a price reduction, the asset combines affordability with strong fundamentals, including consistent revenue streams and a steady tenant base. Operational efficiencies are enhanced through long-term resident tenant management, minimizing daily oversight needs for ownership. The property has undergone regular maintenance and building upgrades, ensuring sustained performance and appeal. A common area coin-operated laundry provides additional income potential and convenience for tenants. Located steps from major waterfront residential developments, the site positions investors to benefit from the ongoing revitalization of downtown Port Alberni. This growing area continues to draw new investment, positioning the property for long-term upside. All showings are by appointment only. Financial details are available to qualified buyers upon execution of a non-disclosure agreement.

FOR SALE DETAILS

PRICE

$639,000 CAD

PRICE/SF

$131 CAD /SF

# OF UNITS

6

PRICE/UNIT

$106,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,880 SF

ZONING

C2 – General Commercial

APN/PARCEL ID

002-090-821

ASK ABOUT THIS PROPERTY

Jon WalterseXp RealtyMore Info

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